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Note 14 - Assets and Liabilities Measured and Reported at Fair Value (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
  

Fair Value Measurements Using:

  

Total

 

March 31, 2023 (in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Fair Value

 

Assets:

                

Available for sale debt securities:

                

U.S. Treasury and other U.S. Government obligations

 $116,288  $—  $—  $116,288 

Government sponsored enterprise obligations

  —   137,779   —   137,779 

Mortgage backed securities - government agencies

  —   743,455   —   743,455 

Obligations of states and political subdivisions

  —   128,725   —   128,725 

Other

  —   5,605   —   5,605 

Total available for sale debt securities

  116,288   1,015,564   —   1,131,852 
                 

Mortgage loans held for sale

  —   6,397   —   6,397 

Rate lock loan commitments

  —   468   —   468 

Interest rate swaps

  —   8,636   —   8,636 

Total assets

 $116,288  $1,031,065  $—  $1,147,353 
                 

Liabilities:

                

Interest rate swaps

  —   8,152   —   8,152 

Mandatory forward contracts

  —   71   —   71 

Total Liabilities

 $—  $8,223  $—  $8,223 
  

Fair Value Measurements Using:

  

Total

 

December 31, 2022 (in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Fair Value

 

Assets:

                

Available for sale debt securities:

                

U.S. Treasury and other U.S. Government obligations

 $115,039  $—  $—  $115,039 

Government sponsored enterprise obligations

  —   143,626   —   143,626 

Mortgage backed securities - government agencies

  —   752,738   —   752,738 

Obligations of states and political subdivisions

  —   127,599   —   127,599 

Other

  —   5,615   —   5,615 

Total available for sale debt securities

  115,039   1,029,578   —   1,144,617 
                 

Mortgage loans held for sale

  —   2,606   —   2,606 

Rate lock loan commitments

  —   137   —   137 

Mandatory forward contracts

  —   47   —   47 

Interest rate swaps

  —   10,727   —   10,727 

Total assets

 $115,039  $1,043,095  $—  $1,158,134 
                 

Liabilities:

                

Interest rate swaps

 $—  $10,737  $—  $10,737 
Fair Value Measurements, Nonrecurring [Table Text Block]
                  

Losses recorded

 
                  

Three months

 
  

Fair Value Measurements Using:

  

Total

  

ended

 

March 31, 2023 (in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Fair Value

  

March 31, 2023

 
                     

Collateral dependent loans

 $—  $—  $9,928  $9,928  $— 

Other real estate owned

  —   —   —   —   — 
                  

Losses recorded

 
                  

Three months

 
  

Fair Value Measurements Using:

  

Total

  

ended

 

December 31, 2022 (in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Fair Value

  

March 31, 2022

 
                     

Collateral dependent loans

 $—  $—  $20,637  $20,637  $— 

Other real estate owned

  —   —   677   677   — 
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
  

March 31, 2023

 

(dollars in thousands)

 

Fair Value

 

Valuation Technique

 

Unobservable Inputs

 

Weighted Average

 
            

Collateral dependent loans

 $9,928 

Appraisal

 

Appraisal discounts

  23.8

%

Other real estate owned

  — 

Appraisal

 

Appraisal discounts

  — 
  

December 31, 2022

 

(dollars in thousands)

 

Fair Value

 

Valuation Technique

 

Unobservable Inputs

 

Weighted Average

 
            

Collateral dependend loans

 $20,637 

Appraisal

 

Appraisal discounts

  23.3

%

Other real estate owned

  677 

Appraisal

 

Appraisal discounts

  65.6